Tex. Est. Code Section 1162.004
Authority to Make Periodic Gifts

(a)

In an order entered under Section 1162.001 (Authority to Establish Estate or Other Transfer Plan), the court may authorize the guardian to make, without subsequent application to or order of the court, gifts as provided by that section on an annual or other periodic basis if the court finds it to be in the best interest of the ward and the ward’s estate.

(b)

The court, on the court’s own motion or on the motion of a person interested in the welfare of the ward, may modify or set aside an order entered under Subsection (a) if the court finds that the ward’s financial condition has changed in such a manner that authorizing the guardian to make gifts of the estate on a continuing basis is no longer in the best interest of the ward and the ward’s estate.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.

Source: Section 1162.004 — Authority to Make Periodic Gifts, https://statutes.­capitol.­texas.­gov/Docs/ES/htm/ES.­1162.­htm#1162.­004 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 1162.004’s source at texas​.gov